UK designates Apple and Google as having ‘strategic market status,’ opening door for more regulation
The U.K.’s Competition and Markets Authority (CMA) said on Wednesday that it’s designating Apple and Google with strategic market status in their respective mobile platforms. The decision, which affects the companies’ operating systems, app stores, browsers, and browser engines, will enable the regulator to take targeted actions to enhance competition in the space. The CMA had launched investigations into Apple and Google in January, and had…